For those looking at a getting an unsecured personal loan, be aware there are differences in the loan amount, the interest rate and availability. Unsecured loans can be more versatile however, and are typically used for intangible things such as a holiday, wedding or debt consolidation.

The minimum finance amount that you can borrow for an unsecured loan is $3,000. Suitable for holiday loans, debt consolidation, furniture, and most other general purpose uses (even old cars & boats that are unsuitable for secured finance) mentioned above with loan terms up to 7 years offered. The interest rates offered are either fixed at a competitive rate or a variable interest rate allowing you to take advantage of possible rate drops. As there is no security required for this loan, the interest rate is generally higher than a secured loan.

Note: The unsecured product is not available in all areas

Frequently Asked Questions